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Author Archives: Insta Forex

Turkish Manufacturing Capacity Utilization Rises In May

Turkey’s manufacturing capacity utilization rate rose in May, figures from the central bank showed on Monday. The capacity utilization rate increased to 78.0 percent in May from 77.8 percent in April. On a seasonally adjusted basis, the capacity utilization rate ...

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Lithuania Industrial Production Expands In April

Lithuania’s industrial production expanded at a stronger pace in April, driven by the growth in electricity and manufacturing output, figures from Statistics Lithuania showed on Monday. Industrial production surged a working-day adjusted 20.5 percent year-on-year in April. Production in the ...

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Gold Prices Hit Over One-week High

Gold prices rose about 1 percent on Monday to hover near a one-week high as a calmer mood in equity markets pressured the dollar. A persistent COVID-19 outbreak in Beijing and fears of slower economic growth also supported safe haven ...

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Taiwan Jobless Rate Declines In April

Taiwan’s unemployment rate fell slightly in April, the Directorate General of Budget Accounting & Statistics showed in Friday. The unemployment rate declined a seasonally adjusted 3.68 percent in April from 3.70 percent in March. In the same period last year, ...

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Oil Prices Climb On China Demand Hopes

Oil prices rose over 1 percent on Monday amid hopes that fuel demand in China could be sustained. Benchmark Brent crude futures climbed 1.1 percent to $111.19 per barrel, while U.S. crude futures were up 1.1 percent at $111.53. There ...

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